Investors Acquire Stake in GDS Holdings’ Data Centers for $587 Million
Investors, including Billionaire Lei Zhang’s Hillhouse Investment and Boyu Capital, have reached an agreement to purchase a 44% stake in GDS Holdings’ data center assets outside mainland China for $587 million. Following the completion of the transaction, Shanghai-based GDS Holdings will maintain a 56% ownership in GDS International, headquartered in Singapore. The remaining ownership will […]